American Fidelity Life Insurance: What You Need To Know

American Fidelity Life Insurance is a family-owned business with a long history of serving its community. It was founded in 1956 by Charles Woodbury, a decorated WWII Marine pilot, to provide insurance to high-risk members of the military and their families. Today, the company is run by the next generation of the Woodbury family, continuing to serve those who serve their country and community, including first responders, active-duty officers, and veterans. American Fidelity offers various life insurance plans, including term life insurance, whole life insurance, and universal life insurance, providing financial protection and peace of mind for individuals and their loved ones.

American Fidelity Life Insurance offers both term and universal life insurance

American Fidelity Life Insurance is a family-owned business with a long history of serving the community. It was founded in 1956 by Charles Woodbury, a decorated WWII Marine pilot who wanted to provide insurance to the highest-risk members of the military and their families. Today, the company is run by the next generation of the Woodbury family, continuing the legacy of service and secure investments for families.

American Fidelity offers a range of life insurance options, including both term and universal life insurance. Term life insurance provides coverage for a specific period, typically ranging from 5 to 20 years, or in some cases, 10, 20, or 30 years. It is designed to provide financial protection for loved ones in the event of the policyholder's death during the specified term. Term life insurance is an affordable option, with rates guaranteed to remain level during the initial term and no additional financial benefits while the insured is living.

On the other hand, universal life insurance offers lifelong coverage and provides additional benefits. While more expensive, it is more flexible, with the potential to accumulate cash value that can be used for various purposes. Universal life insurance policies also offer permanent coverage, paying a death benefit regardless of when the insured person passes away.

American Fidelity's life insurance products are designed to meet the diverse needs of their customers. The company is committed to providing strong and safe insurance options, investing only in strong, safe assets such as high-interest government notes and bonds. Their policies are also tax-efficient, with death benefits being completely tax-free, and the accumulated cash value in universal policies being tax-deferred.

The company's life insurance plans are tailored to fit different life stages and budgets, with a focus on providing honest, trustworthy, and accessible services. American Fidelity's experienced team is dedicated to helping customers protect their families and secure their financial future.

The company was founded in 1956 by Charles Woodbury

American Fidelity Life Insurance was founded in 1956 by Charles Woodbury, a World War II Marine pilot who survived multiple downed planes in the Pacific. Woodbury was a highly decorated combat aviator, receiving numerous medals, including the Distinguished Flying Cross, Air Medal with Gold Stars, Purple Heart, Presidential Unit Citation with Bar, and the Bronze Star.

Woodbury's journey to founding American Fidelity began with the premature death of his father when he was just 19 years old. This tragedy forced him to leave college and move back home to care for his mother and four sisters. This experience instilled in him the importance of life insurance, which would later become the foundation of his company. Woodbury himself joined the Navy as an aviation cadet after the attack on Pearl Harbor. He served in the Marine Corps as a fighter pilot, flying the F-4U Corsair plane. He survived seven downed planes in the Pacific Theatre and was awarded several medals for his bravery and service.

After the war, Woodbury settled in Pensacola, Florida, with his wife, Eleanor Gunn, who was also a Marine. He continued his military service as a reservist and retired as a Major after twenty years. It was then that he started American Fidelity Life Insurance, driven by his passion for supporting those who serve. Woodbury recognised that the unique needs of the highest-risk members of the military and their families were not being met by existing insurance options. With his company, he aimed to fill this gap and provide specialised insurance for those who put their lives on the line for their country.

Today, American Fidelity Life Insurance continues to be a family-owned and operated business, now run by the next generation of the Woodbury family. The company remains committed to upholding the values and legacy of its founder, Charles Woodbury, by prioritising integrity, honesty, and trust in all its dealings.

It is a family-owned business with a history of serving the military

American Fidelity Life Insurance is a family-owned business with a rich history of serving the military and its community. The company was founded in 1956 by Charles Woodbury, a decorated WWII Marine pilot who survived multiple downed planes in the Pacific. Mr. Woodbury started AmFi to provide insurance to the highest-risk members of the military and their families, whose unique needs were not being met. Today, the company is run by the next generation of the Woodbury family, continuing to uphold Mr. Woodbury's legacy of service and secure investments for families.

AmFi specialises in providing life insurance to those who serve their country and communities, including first responders, active-duty officers, and veterans. The company understands the importance of protecting families in the event of unexpected deaths and offers affordable and flexible coverage options to suit different budgets and needs. Their plans include term life insurance, which provides coverage for a specific period, and universal life insurance, which offers lifelong coverage and the potential for cash accumulation.

American Fidelity Life Insurance is committed to supporting the military community and has been insuring the highest-risk members of the military since its inception. The company prioritises the well-being and financial security of its customers, treating them as part of their greater family. They also pride themselves on their values of honesty, integrity, and trust, which guide their business practices and commitment to safeguarding their customers' future.

The company's strong foundation and values have contributed to its stability and success. AmFi's systematic approach to investing in safe and strong assets, such as US government and highly-rated corporate bonds, has made it one of the strongest and most stable insurance companies in America. Their dedication to serving those who serve their country and communities sets them apart, ensuring that the unique needs of military personnel and their families are met.

American Fidelity's life insurance policies are designed to protect families

American Fidelity offers a range of life insurance policies, including term life insurance and whole life insurance, to meet the diverse needs of its customers. Term life insurance provides coverage for a specified period, such as 10, 20, or 30 years, while whole life insurance offers lifelong coverage. Both options help families prepare for the future by providing financial protection in the form of death benefits and, in some cases, cash value accumulation.

American Fidelity's term life insurance policies are designed to be affordable and accessible, with rates starting at $9 per month and no medical exams or blood tests required. This option is ideal for individuals looking to replace lost income, protect their families from financial debts, or simply add on to their existing coverage. On the other hand, whole life insurance provides permanent coverage and the opportunity to build cash value, which can be used for loans, premiums, or other expenses.

The company prioritizes flexibility and choice, allowing customers to select the coverage that best fits their life stage and budget. Additionally, American Fidelity's experienced team is committed to providing exceptional customer service, ensuring that policyholders can easily make changes to their policies and receive prompt assistance with any questions or concerns.

American Fidelity's life insurance policies are designed to give customers peace of mind, knowing that their families will be taken care of financially, no matter what the future holds. With a foundation built on honesty, integrity, and trust, American Fidelity is dedicated to protecting families and securing their future.

The company offers flexible coverage options to match budgets and needs

American Fidelity Life Insurance is a family-owned business with a long history of serving its community. The company was founded in 1956 by Charles Woodbury, a decorated WWII Marine pilot. Woodbury started the company to provide insurance to the highest-risk members of the military and their families, whose unique needs were not being met. Today, the company is run by the next generation of the Woodbury family, who continue to uphold the legacy of service and secure investments for families.

American Fidelity's term life insurance policies are an affordable option for those seeking protection for a specific period. These policies are ideal for individuals with financial dependents, those with financial debts or loans, or those seeking to boost their existing coverage. The company's term life insurance plans start at $9 per month and offer coverage of up to $200,000.

For those seeking lifelong coverage, American Fidelity offers whole life insurance policies. These policies provide coverage for the entirety of the policyholder's life and also accumulate cash value that can be used for various purposes, such as paying loans or premiums. The rates for whole life insurance are based on the issue age and are guaranteed to remain level for the life of the policy.

In addition to their standard term and whole life insurance policies, American Fidelity also offers Term 100 Life Insurance as another coverage option. This type of policy provides coverage until the age of 100, with rates guaranteed to remain the same for 30 years or until the policyholder reaches 85 years of age, whichever comes first. After this period, premiums may increase, decrease, or remain the same but will never exceed the maximum guaranteed premium outlined in the policy.

American Fidelity understands that every individual has unique needs and financial constraints. By offering a range of coverage options, the company ensures that customers can find a plan that fits their specific circumstances. Whether an individual is seeking short-term or lifelong protection, American Fidelity's flexible coverage options cater to different budgets and needs, providing peace of mind and financial security for policyholders and their loved ones.

Frequently asked questions